DateofReport(Dateofearliesteventreported):February13,2017 (NASDAQ:DATE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arranagements of Certain Officers.
On February 13, 2017, A. H. Belo Corporation (the “Company”) announced that Grant S. Moise has been promoted to Executive Vice President of the Company and General Manager of The Dallas Morning News. In addition to his current responsibilities, Mr. Moise will assume oversight over all operations of The Dallas Morning News including information technology, marketing, digital, circulation, production and commercial printing, as well as share co-responsibility with the Publisher for the news organization. In connection with his promotion, Mr. Moise will receive a compensation package that consists of a base salary of $475,000, effective as of January 1, 2017, with a target bonus opportunity set at 70% of his base salary. Consistent with other executive officers of the Company, one-half of Mr. Moise’s target bonus will be based upon individual objectives (IOs) and one-half upon financial performance metrics. IOs for all executive officers, including Mr. Moise, are comprised of performance metrics, based on a point system allocated to each objective which includes threshold, target and maximum performance and payout ranges for each objective of 50%, 50% and 150%, respectively. In addition, Mr. Moise will be entitled to receive long-term incentive compensation valued at $300,000 annually. Long-term incentive compensation awards, comprised of equity grants under the Company’s incentive plan and long-term cash incentives, will be made by the Compensation Committee at its regularly-scheduled meeting in March 2017, at which time the Compensation Committee will also set the financial performance targets and individual objectives for all executive officers.
Item 9.01. Financial Statements and Exhibits.
99.1 Press release dated February 13, 2017
About Date of Report (Date of earliest event reported): February 13, 2017 (NASDAQ:DATE)
Jiayuan.com International Ltd. (Jiayuan) is an online dating platform in China. The Company operates through three business segments: online services, personalized matchmaking services, and events and other services. The online services segment includes Jiayuan.com, Izhenxin.com and Qiuai.com. The Jiayuan.com platform enables single adults to meet, interact and form a long-term relationship. The izhenxin.com platform provides marriage-minded singles a members-only platform to interact. Qiuai.com is a mobile dating platform for mobile browsers and WAP platforms. The personalized matchmaking services segment provides personalized matchmaking services to individual users. The events and other services segment is engaged in organizing and hosting events, including speed-dating, dance parties and other social events for its users. Date of Report (Date of earliest event reported): February 13, 2017 (NASDAQ:DATE) Recent Trading Information
Date of Report (Date of earliest event reported): February 13, 2017 (NASDAQ:DATE) closed its last trading session at 7.49 with 899,482 shares trading hands.